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PREVIOUS:Developers can investigate alternative revenue streams to supplement conventional monetization models like in-app purchases & advertising in order to monetize their apps. In order to promote goods or services relevant to their app's niche & receive payment for referrals, some developers, for instance, provide affiliate marketing options within their apps. This could be an advantageous partnership that makes money for the developer & adds value for users at the same time. By providing white-label options or licensing opportunities for the technology or features created for the app, one can generate additional revenue. This enables developers or other companies to use the app's technology for their own projects in return for a fee or royalties.NEXT:Mobile app monetization is the term used to describe the range of techniques used by developers to make money from their apps. By providing free app downloads with optional premium features or content that can be purchased, the freemium model draws a sizable user base while making a portion of it profitable. By placing advertisements inside the app and utilizing ad networks, in-app advertising makes money for apps with a large user base. Subscription-based business models offer consistent revenue streams for apps that continuously deliver value, like news or entertainment platforms.
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